U.S., China establish new communication channels on trade dispute
Beijing, Aug. 31, 2023: During U.S. Secretary of Commerce Gina Raimondo’s four-day visit to China, the two sides announced the...
Foreign
Kenyan firm gets $1.6m to lift US coconut exports
The US government and Kenstate, a Kenyan coconut processor have announced a Ksh232 million ($1.6 million) combined investment project to...
Egypt plans to drill 35 new gas wells to increase production
Cairo, Aug. 30, 2023: Egypt is planning to drill 35 new natural gas wells in the Mediterranean Sea and the...
Indonesia woos Nigerian investors with Expo
Lagos, Aug. 29, 2023: Indonesia Ambassador to Nigeria, Dr Usra Harahap, has urged the Nigerian business community across several sectors...
East African nations reduce loss-making public enterprises
East African governments have stepped up efforts to cut out inefficient and loss-making state-owned corporations in a move seen as...
President Mnangagwa wins again in Zimbabwe
Zimbabwe’s President Emmerson Mnangagwa has been declared winner of the election held Thursday, winning over 52% of the vote and...
Private firms change their investment approach in East Africa
Nairobi, Aug. 27, 2023: Private Equity (PE) firms seeking to invest in the East African region over the next 12...
Rise in German exports to South-East Asia offsets weaker China trade
Bangkok, Aug. 24, 2023: German exports to South-East Asia had increased in the first half of this year, partly compensating...
Surging inflation, COVID push nearly 68 million more into poverty
Manila, Aug. 24, 2023: An increase in cost of living due to surging inflation and the lingering effects of the...
Argentina gets $7.5bn IMF loan
Buenos Aires, Aug. 24, 2023: The International Monetary Fund (IMF) has released a loan tranche of $7.5 billion for Argentina,...
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